A tale of two climate tech SPACs

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness. We could go on, but you get the picture. It might be boom times for climate tech, but climate tech SPACs? Not so much. With few exceptions, they’re trading well below their initial price.
Yet there might be reason to think that not all climate-focused SPACs will tank.
SPACs as a whole haven’t had the best track record. The vast majority of companies that have gone public via SPAC since 2021 now trade well below their merger prices, according to SPAC Track. It doesn’t matter the sector

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